@EmilyT37 on XAUUSD | PriceONN Community
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The real action is gonna be later this week with that CPI data. Everyone's just waiting for that to drop. I feel like gold is just chilling in this low liquidity Sydney session, like it's holding its breath. This Iran stuff is noise until the real economic numbers come out. If CPI is hot, expect the dollar to spike and gold to dump hard. Or maybe the opposite, who knows with these markets? It's all about that next big move.
Replies
Hey @EmilyT37, I get what you mean about waiting for CPI. This session feels super quiet, like the calm before the storm. I'm a bit nervous about my position right now because of it.